The Magnolia

709 Magnolia St, Arlington, Texas 76012

Contact The Magnolia

The Magnolia in Arlington, Texas is ideal for those 62 and better looking for a world of convenience and comfort. Centrally located between Fort Worth and Dallas this ideal location in Arlington, TX also offers easy access to Interstate 30 and a wide selection of great dining, shopping, and entertainment venues.

At the Magnolia, you’ll find all of the features you want for easy living including air conditioning, ceiling fans, wood plank vinyl flooring, energy-efficient windows with decorative wood blinds, newly appointed kitchen featuring granite countertops, energy-efficient appliances, including dishwasher, microwave, and large pantries. Choose the perfect layout from studio and 1-bedroom senior apartments. This is a pet-friendly senior community equipped with a dog park for your pets to enjoy.

Take advantage of the amenities and services offered at The Magnolia affordable senior apartments in Arlington, TX. Features include a computer center, community room with planned events and outings arranged by the on-site Care Coordinator, meal program, free high-speed internet, laundry facilities, fitness center, disabled accessibility, and a smoke free environment.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	415	Income Based
One Bedroom (1/1)	540	Income Based

Eligibility for The Magnolia

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Arlington but actual income limits may differ for units at The Magnolia.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$20,100	$23,000	$25,850	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$33,500	$38,300	$43,100	$47,850	$51,700	$55,550	$59,350	$63,200
80%	$53,600	$61,250	$68,900	$76,550	$82,700	$88,800	$94,950	$101,050

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Arlington but actual income limits may differ for units at The Magnolia.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$33,500	$38,300	$43,100	$47,850	$51,700	$55,550	$59,350	$63,200
Low Income (60%)	$40,200	$45,960	$51,720	$57,420	$62,040	$66,660	$71,220	$75,840

The Magnolia Details

65 studio and one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Fitness Center
Community Room
Library
On-Site Manager
24hr Emergency Maintenance
On-Site Parking
Community Garden
Meal Services
Computer Room
Smoke Free
High Speed Internet Access
Laundry Facility
Picnic Area
Courtesy Patrol
Resident Lounge
Dog Park

Unit Amenities

Ceiling Fan(s)
Handicapped Accessible
Dishwasher
Garbage Disposal
Microwave
Cable Ready
Refrigerator
Oven and Range
Water Trash and Sewer Included
Kitchen Pantry
Energy Saving Windows
Energy Efficient Appliances
Heat and Air
Large Closets

Office Hours

Day	Hours
Monday	8:30am-5:30pm
Tuesday	8:30am-5:30pm
Wednesday	8:30am-5:30pm
Thursday	8:30am-5:30pm
Friday	8:30am-5:30pm

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.